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Morningstar analyst Chelsey Tam said it could be difficult for JD.com to reduce subsidies quickly, suggesting that earnings could remain under pressure for some time. Meituan and Alibaba have offered ...
The Beijing-based firm reported sales of US$49.7 billion for the quarter ended June, about 6 per cent above projections.
Huawei's answer to CUDA is its open-source Compute Architecture for Neural Networks, or CANN, system for building on its Ascend line of chips. To compete with CUDA, Le said it will be up to Huawei and ...
JD stock gained early Thursday after the China e-commerce giant reported second-quarter results that topped expectations.